our house is mortgage to the hilt my wife is going thru a consumer proposal I owe 75,000 in credit cards I work in a business where i have shares without those shares i have no job family business with my brothers .I work to get a pay cheque in the summer months and collect EI in the winter months Our equipment is very old we start every year with no money in the bank do Ihave to sell my shares? Can you help me.
shares in a business
posted by Questions @
1 Expert Comment:
At June 7, 2010 |
7:54 am
, Bart Goth, Trustee in Bankruptcy Said...
The impact on your shares is going to depend on a cursory valuation of the company. If there is no real asset value to the company then you don’t have to worry, but we would have to confirm this.
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